Today 7/12/23 two of the three main U.S. stock indices moved to new post October 2022 rally highs. The new highs came beyond the leeway time zone for the expected Spiral Calendar top due late June 2023 – illustrated in the 06/22/23 blog. Today’s highs also invalidated Fibonacci price and time relationships shown in theContinue reading “Two U.S. Stock Indicators to Watch”
Category Archives: Sentiment
At the Summit? – Part Two
Evidence from the sentiment dimension gives clues to a potential S&P 500 (SPX) top. The daily SPX and VIX chart courtesy of Trading View updates their relationship. Many traders/analysts believe that the VIX making a new low is a bearish signal for the SPX. However, most of the time SPX tops are made when theContinue reading “At the Summit? – Part Two”
History of VIX Topping Signals – 2007 to 2022
A VIX topping signal occurs when the VIX makes a higher bottom vs. a higher S&P 500 (SPX) top. Sometimes there can be more than one signal before the SPX records its ultimate bull move high. Recently there was a VIX topping signal that was subsequently invalidated. On 06/09/23 the VIX made a new lowContinue reading “History of VIX Topping Signals – 2007 to 2022”
VIX Topping Signal
Momentum for U.S. stocks continues to be bearish. On 06/08/23 the S&P 500 (SPX) ended the session up .62, the Dow Jones Industrial Average climbed .50%, Nasdaq Composite was up 1.02%. Yet, through most of the day there were more stocks declining than advancing. There’s a good chance U.S. stocks could soon decline. However, actionContinue reading “VIX Topping Signal”
U.S. Stock Market – Sentiment and Time Dimensions
Within the last few weeks there’s been significant evidence the upward momentum of U.S. stock indices has been weakening. Going into mid-May there have been no bearish signals from the sentiment dimension. On May 18, 2023 there was a bearish sentiment signal that could be very important. First an explanation of the differences between marketContinue reading “U.S. Stock Market – Sentiment and Time Dimensions”
Stock Market Fuel
How much lower could U.S. stocks go before reaching an important bottom? Momentum oscillators are similar to a fuel gauge for markets, they can give you a rough estimate of where a movement could end. The weekly S&P 500 (SPX) chart courtesy of BigCharts.com illustrates the action since early 2022. Stochastic is generally a moreContinue reading ” Stock Market Fuel”
S&P 500 Breaks Support – 03/09/23
The blog “Move Up From Important Support – 03/02/23” noted the S&P 500 (SPX) rallied after it reached the area of two Fibonacci support levels and the 200 – day moving average (MA). Today 03/09/23 the SPX broke and closed the session below this important support. This break opens the door for more downside action.Continue reading “S&P 500 Breaks Support – 03/09/23”
Put/Call Ratio Signal – 03/08/23
Investors’ Business Daily uses Put/Call (PC) ratio moves above 1.15 as a sign that U.S stocks could be near a bottom. Today 03/08/23 for the second time in just nine trading days P/C went above 1.15. U.S stocks could near a bottom. The daily PC and S&P 500 (SPX) chart courtesy of Trading View illustratesContinue reading “Put/Call Ratio Signal – 03/08/23”
Natural Gas Bottoming Signals
An enormous amount of evidence indicates the Natural Gas bear market since August 2022 could be at or near completion. For six months Natural Gas has declined 75% wiping out more than a year of upside progress. Could there be more downside action? Perhaps, but an examination of evidence from all four market dimensions suggestContinue reading “Natural Gas Bottoming Signals”
Put/Call Ratio Rally
Today 01/04/23 all three main U.S stock indices ended the trading session above the prior trading day close. Surprisingly the Put/Call ratio (PC) also closed the day to the upside. The daily PC and S&P 500 (SPX) chart courtesy of Trading View illustrates their relationship since August of 2022. Investor’s Business Daily uses readings aboveContinue reading “Put/Call Ratio Rally”
Four Dimension Trading 